Home / Business and Politics / Končar Signs Two Contracts Worth Over 10 Million Euros with Austrian Verbund

Končar Signs Two Contracts Worth Over 10 Million Euros with Austrian Verbund

<p>Grupa Končar</p>
Grupa Končar / Image by: foto

The company Končar-Generators and Motors has signed two contracts with the Austrian utility Verbund, worth over ten million euros for the first phase of realization, which relate to the comprehensive revitalization of two power plants on the German-Austrian border, it was announced on Tuesday from Končar.

Končar-Generators and Motors will produce six new generators for the power plant on the German side of the border as part of the Egglfing-Obernberg project, while in the Braunau-Simbach project, they will revitalize four generators and produce new stators and rotor poles for the Austrian side in the coming years.

Končar explains that the Austrian Verbund, which announced the call for these projects in October last year, selected the company Končar-Generators and Motors, and in May of this year, the stages for both projects were contracted, with a total value exceeding ten million euros.

– The production and delivery of equipment for both projects will proceed in parallel and continuously in the coming years. The delivery of the first generator units to the site is planned for the first quarter of 2024, and the planned production of the remaining generators for the next period until 2030 is worth several tens of millions of euros – the statement said.

The total planned scope of delivery for the Egglfing-Obernberg hydroelectric power plant, located on the German side of the Austrian-German border on the Inn River, includes the production of six completely new generators, the dismantling of old generators, the installation of new ones in the existing power plant, and their commissioning. The project includes increasing the generator’s power from 16 megavolt-amperes (MVA) to 20 MVA, with each weighing over 200 tons.

For the Braunau-Simbach hydroelectric power plant, on the Austrian side of the Austrian-German border on the Inn River, the total planned scope of delivery is the revitalization of four generators, which includes new stators, new rotor poles, the dismantling of old generators, the installation of new ones, and their commissioning. The project also includes increasing the generator’s power from 32 MVA to 35 MVA, with each generator weighing over 300 tons.

Končar already has a contract with Verbund for the delivery of three new generators for installation in the existing Ering-Frauenstein hydroelectric power plant, which is in the final stage, and work on the last generator is beginning on site.

The Austrian utility Verbund has announced the launch of investment projects in the near future, which also represents new opportunities for Končar, the Croatian company emphasizes.

The CEO of Končar, Gordan Kolak, stated that these projects continue Končar’s export momentum in the European market. ‘Also, with these projects and the projects in the pipeline, Končar-Generators and Motors can plan continuous production for the upcoming period until 2030, which is an important prerequisite for the continuation of successful business trends at the level of the Končar Group,’ Kolak stated in the announcement.

Tagged: